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A Conversation with Agua Caliente Clippers of Ontario New Team President — Justin Kemp

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Executive Profile

Agua Caliente Clippers of Ontario Team President — Justin Kemp

By Diara M. Fowler — Guest Writer, California State University San Bernardino

What is your goal for the Agua Caliente Clippers of Ontario?

“Our goal is to engage with the community, it’s affordable family fun entertainment with the convenience of your back yard located in Ontario, CA., we want to get fans out to see more games — It’s actually an exciting piece of what we’re doing here with the Agua Caliente Clippers”, said President of the Agua Caliente Clippers of Ontario — Justin Kemp. 

When I was 15 I knew that this was the path that I wanted to take. As a kid, most want to play professionally but I took an interest in the business side of sports” stated Kemp. 

With all the growth and opportunity that’s happened recently over the past few months of his residency here in Ontario, CA — there is much promise on the horizon for the 2020 season.

The Agua Caliente Clippers are sustainable when it comes to giving back to their community. Their team members participate in local events and charities and even read with the local schools. “It’s a group effort. One person may be able to start with the vision but it takes a collective group of people to believe and buy into it to activate it” said kemp. 

With all the drive and motivation, Kemp’s strong vision to take his team to the next level could be due to a strong hockey past. “Personally, I’ve never really been good at any sports but I did play hockey and I was a goaltender. Yea, hockey is definitely something better the younger you are, if I had to put on a set of pads now I’d probably pull something”, laughed Kemp.           

As far as plans for this ongoing season “We’re a small organization it’s going to take a lot to get there but I’ve seen it done before. I’m extremely confident in being able to meet that challenge. We definitely have a plan for growth within this organization” stated Kemp. 

As for this next upcoming offseason, the game plan to draw in some extra attention comes with some help from Mr. Randall Lewis, Executive Vice President of Marketing for the Lewis Group of Companies. “It’s always an ongoing thing with Mr. Lewis — being our biggest supporter and major developer in the area helping us get tickets into these community programs”, said Mr. Kemp 

Some long term goals for the Agua Caliente Clippers is to help build a fan base, give more values to our sponsors, and help our ticket sale. The product is a memory that will last a lifetime spent with family and friends. “In order to grow your product — it is to get it in as many people’s hands as possible. We want to give them a value they cannot refuse — to get them out to the games to enjoy it cause we’re confident they will come back” said Mr. Kemp. 

As the president elaborated on the growth and opportunity for his team he described one of the best parts of the job being simply the fans. “One of my most memorable moments with the team was our game day opener on November 11th. All the excitement and anticipation from the fans is definitely something I’ll remember forever — the looks on their faces and people seeing this for the first time”, closed Kemp.

For more information on the Agua Caliente Clippers of Ontario, visit their website at https://aguacaliente.gleague.nba.com/

 

The Inland Empire Business Journal (IEBJ) is the official business news publication of Southern California’s Inland Empire region - covering San Bernardino & Riverside Counties.

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Stockbridge Acquires 540,478 SF Inland Empire Industrial Portfolio for $142MM

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San Francisco based Stockbridge acquires 100% leased assets in premier IE West location

Cushman & Wakefield’s EDSF also sources acquisition financing for transaction

Cushman & Wakefield announced the firm has arranged the sale of a core industrial portfolio totaling 540,478 square feet in Southern California’s premier Inland Empire West (IEW) submarket. The portfolio consists of two freestanding Class A buildings located a few miles apart at 3351 E Philadelphia St and 4450 E Lowell St in the city of Ontario. The buildings are 100% leased to prominent tenants in the distribution and retail industries.

San Francisco based Stockbridge acquired the two-property portfolio from Principal Asset ManagementSM a global financial and investment management firm. The portfolio sold for $142.25 million.

Jeff Chiate, Jeffrey Cole, Rick Ellison, and Matt Leupold of Cushman & Wakefield’s National Industrial Advisory Group—West represented the seller in the transaction. The firm’s Phil Lombardo, Chuck Belden and Andrew Starnes also provided leasing advisory.

Additionally, a Cushman & Wakefield Equity, Debt & Structured Finance (EDSF) team of Rob Rubano, Brian Share, Joseph Lieske, Max Schafer, and Becca Tse collaborated in sourcing acquisition financing for the transaction.

“Stockbridge has acquired an institutional-quality industrial portfolio with a phenomenal infill location combined with strong tenancy and premium distribution features and functionality. Both properties have maintained a historical occupancy of 100% for nearly a decade speaking to the tenant demand for industrial buildings of this quality and location,” said Jeff Chiate, Executive Vice Chair. “Additionally, with current rents below market rate, the buyer has a compelling mark-to market opportunity along with existing durable cash flow, providing a variety of value-add strategies.”

The properties offer convenient access to Southern California’s robust freeway network and other vital nodes of transit such as Ontario International Airport, the Los Angeles & Long Beach Ports, and LAX International Airport (60 miles). Access to a deep labor pool and robust consumer population also makes the region a superior industrial location.

According to Cushman & Wakefield’s latest industrial market report, the Inland Empire West submarket had a vacancy rate of 5.4% in Q1 2024, representing the tightest submarket in the broader Inland Empire market. Additionally, IEW achieved nearly 1 million square feet of positive net absorption (occupancy growth) in the first quarter of 2024.

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Stater Bros. Charities and Reyes Coca-Cola Bottling Give Back to Military Families

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Stater Bros. Charities, the philanthropic arm of Stater Bros. Markets, partnered with Reyes Coca-Cola Bottling again this year for their Give Back program during National Military Appreciation Month. The program ran for the entire month of May, during which Reyes Coca-Cola Bottling committed to donating $0.25 per eligible product purchased to the Bob Hope USO. Reyes Coca-Cola Bottling donated $15,000, and Stater Bros. Charities matched their donation for a total contribution of $30,000.

A check presentation occurred during a K-EARTH 101 radiothon benefiting the Bob Hope USO. The radiothon took place at the Bob Hope USO at LAX (Los Angeles International Airport) on June 29, 2023, where Stater Bros. Charities and Reyes Coca-Cola Bottling presented Bob Hope USO with a $30,000 check.

Bob Hope USO’s mission is to strengthen America’s military service members by keeping them connected to family, home and country, throughout their service to the nation. The Give Back program is a unique opportunity to show gratitude and support to the brave men and women who risk their lives for our freedoms and to care for their families while they are away from home on deployment.

“Stater Bros. Markets has a long history of supporting veterans, service members, and their families,” said Danielle Oehlman, Director, Stater Bros. Charities. “We are so pleased to partner with our friends at Reyes Coca-Cola Bottling and the USO to give back to those who have given so much for us.”

Lorin Stewart, President, USO West Region, said, “We are deeply grateful to Stater Bros. Charities and Reyes Coca-Cola Bottling for being sustaining partners of the USO. The Give Back program embodies the essence of the USO mission by enabling the community at large to come together to support and give thanks to our armed forces and their brave military families in an impactful way.”

Funds will support the Bob Hope USO and USO San Diego Center operations, including programs and services that strengthen the social, mental, physical, and emotional well-being of local military service members, their families, and their communities.

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BDK Logistics Intelligence Fully Leases 114,190 SF Industrial Facility in Corona, CA

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Cushman & Wakefield represents landlord in lease in SoCal’s Inland Empire

Cushman & Wakefield announced that BDK Logistics Intelligence, Inc. has signed a lease for an entire 114,190-square-foot industrial facility at 1161 Olympic Drive in Corona, California. Situated in Southern California’s renowned Inland Empire, the building is owned by Monterey Rancho Mirage, LLC, which was represented by Brett Lockwood and Rick Ellison of Cushman & Wakefield in the transaction.

“We are pleased to welcome BDK to the property as a quality industrial tenant that is expanding its presence in the market, which it also currently occupies multiple warehouse facilities,” said Director Brett Lockwood. “Our client was instrumental in helping this deal transact as there were many variables that needed to be navigated which led to this lease coming together quickly and successfully.”

1161 Olympic Drive is a quality freestanding building situated on ±4.8 acres and features 20 dock high loading doors. The property is conveniently located off Interstate 15 near the confluence of SR 91 and is proximate to the extensive freeway network traversing the entire Greater Los Angeles region and into other major markets in and out of state.

According to Cushman & Wakefield’s latest Q2-2023 quarterly report, the Inland Empire industrial market posted an overall vacancy of 3.4% and has recorded more than 2.7 million square feet of positive net absorption through the first half of 2023.

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